versus Y Combinator: Batch One compared

This is no apple-to-apple comparison: Y Com’s first batch was in 2005. JFDI’s was in 2012. Y Com is located in California, JFDI is in Singapore. So, while exits should be the key metric to measure the performance of accelerators, it is still too early to judge JFDI based on that. Also, the investment and acquisitions landscape in the United States as a whole is a lot more favorable in the past and certainly today than Singapore. Expectations for JFDI will need to be tempered. JFDI’s funding performance is comparable to Y Com: While JFDI doesn’t have a startup like Loopt, which raised a mega USD 32M round (but floundered thereafter), it has nonetheless performed commendably, with seven of its startups getting funding soon after the bootcamp. A lot of it has to do with the Singapore government’s Technology Incubation Scheme , which funded at least 4 of the startups (Tradegec...